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fomenos
3 years ago
10

Hooper Printing, Inc. has a bond issue outstanding with 14 years left to maturity. The bond issue has a 7% annual coupon rate an

d a par value of $1,000, but due to changes in interest rates, each bond's value has fallen to $749.04. The capital gains yield earned by investors over the last year was 25.10%. What is the expected current yield for the next year on this bond issue
Business
1 answer:
lord [1]3 years ago
6 0

Answer:

9.35%

Explanation:

Annual coupon amount = Coupon rate × Fave value of bond = 7% × 1,000 = $70.

Expected current yield = Annual coupon amount ÷ Current market price per bond = $70 ÷ $749.04 = 0.0935, or 9.35%.

Therefore, the expected current yield for the next year on this bond issue is 9.35%.

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3 years ago
Project team members can identify whom should be notified of task completion status by checking the:______.
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Project team members can identify who should be notified of task completion status by checking the: Linear responsibility chart.

<h3>What is a linear responsibility chart?</h3>
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7 0
2 years ago
Company expects to sell 500 units during the second quarter and 550 units in the third quarter. Currently, during the second qua
FinnZ [79.3K]

Answer:

509 units

Explanation:

The expected sales in the present quarter is 500 units (for second quarter) and we have 46 units on hand.

We want a reserve of 10% during the next quarter.

The expected sales in next quarter is 550 units so reserve of 10% is

Reserve = 0.10 * 550= 55 units

Balance to produce this quarter= 500 - 46= 454 units

Total to produce= Balance produced + Reserve

Total to produce= 454 + 55= 509 units

7 0
3 years ago
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The words that comes in the blanks are "up; 14%; 33%; down; borrowers; <span>prospering".
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3 years ago
Read 2 more answers
Please solve this GDP question
tigry1 [53]

Answer:

about 1,822.41 today

Explanation:

an increase of 862.41 over 28 years

4 0
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